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house economists. billionaire warren buffett has an opinion article in today's "new york times" calling for higher taxes on the ultrarich and mocking the idea that investors will pull back if capital gains increase. the dow is down 68. the nasdaq is down 3. s&p is down 6. >>> black friday spending jumped more than 12% from last year. the national retail federation says shoppers -- made 247 million visits to stores and websites and spent an average of $423. but those numbers include shopping that actually started on thanksgiving. another retail tracking company says sales on friday alone actually dropped almost 2% because many retailers were opened a least part of the day on thanksgiving. >>> individual stores could start releasing black friday numbers before the end of the week. early reports show many shoppers liked spending their holidays in stores. that could give toys 'r' us, target and walmart stocks a boost. they are being named by retail analysts as the most shopper- friendly stores and websites during the shopping period. analysts also expect to see active trading on amazon toda
forward and chase what matters. >>> warren buff net says he's -- buffett says he's confident that congress will pass to avoid the fiscal cliff. the dow pushed back in the positive territory. it's up 10 points. the nasdaq is down 2 and the s&p is flat. >>> christmasary fares are gonna -- christmas airfares are gonna cost more, up to about 8%. if you leave the saturday before christmas and come back the following saturday, expect to pay 20% more than last year. but families are willing to pay more to see their family, it's reported. >>> today, president obama meets with more than a dozen corporate ceos at the white house. he wants their input on how to grow the economy and also deal with that looming fiscal cliff. >>> and rain, windy weather, it's all here now in the bay area this morning. the first of several storms that will bring rain through sunday. >>> we have live team coverage for you this morning. ktvu's tara moriarty is monitoring trouble spots on the roads for you. let's first go to claudine wong. what is it like in the north bay? >> reporter: soggy. it's been raining steady since
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